8864 Somerset Ln
Ypsilanti, MI 48198
3 bd 2 ba 1,334 sqft Built 2021 Lot 7,200 sqft single_family
Most recent sale
$310,932
Oct 7, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 20, 2024 | Sold | $360,000 | MichRic |
| Apr 24, 2024 | Listed | $330,000 | MichRic |
| Oct 7, 2021 | Sold | $310,932 | MichRic |
| Sep 14, 2020 | Sold | $20,000 | MichRic |
| Sep 10, 2020 | Listing removed | — | Realcomp |
| Aug 18, 2020 | Listing removed | $250,045 | AnnArbor |
| Jul 22, 2019 | Relisted | $250,045 | Realcomp |
| Jul 19, 2019 | Listing removed | — | Realcomp |
| May 10, 2019 | Price changed | $250,045 | AnnArbor |
| Feb 14, 2019 | Listed | $35,000 | AnnArbor |
| Jan 27, 2019 | Listed | $270,045 | AnnArbor |
| Jan 26, 2019 | Listed | $270,045 | Realcomp |
| Jan 14, 2019 | Sold | $66,500 | Realcomp |
| Nov 29, 2018 | Listed | $20,000 | Realcomp |
| Nov 9, 2016 | Sold | $90,000 | Public Record |
| Sep 5, 2008 | Sold | $346,449 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $124,600 | $5,912 |
| 2021 | — | — | $12,500 | $833 |
| 2020 | — | — | $12,500 | $835 |
| 2019 | — | — | $12,500 | $693 |
| 2018 | — | — | $12,500 | $643 |
| 2017 | — | — | $10,000 | $629 |
| 2016 | — | — | $14,200 | $868 |
| 2015 | — | — | $14,000 | $520 |
| 2014 | — | — | $16,200 | $421 |
| 2013 | — | — | $13,600 | $475 |
| 2012 | — | — | $13,500 | $469 |
| 2011 | — | — | $8,000 | $513 |
| 2009 | — | — | $21,200 | $1,173 |
| 2008 | — | — | $25,500 | $90 |
| 2007 | — | — | $25,700 | $88 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,334 sqft
Lot size
7,200 sqft
ZIP code
48198
City
Ypsilanti
Street
Somerset Ln
Coordinates
42.27239, -83.58572
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,001
Gross rental yield
7.72%
Implied cap rate
5.02%
Trend-extrapolated value
—
Frequently asked questions
When did 8864 Somerset Ln last sell?
8864 Somerset Ln most recently sold on Oct 7, 2021 for $310,932.
What is the current tax assessment for 8864 Somerset Ln?
The most recent total assessment for 8864 Somerset Ln (year 2022) is $124,600 with $5,912 in property tax.
How does 8864 Somerset Ln's assessment compare to its last sale price?
The current assessment is 59.9% below the last sale price of $310,932.
When was 8864 Somerset Ln built?
8864 Somerset Ln was built in 2021.
How does 8864 Somerset Ln compare to others on Somerset Ln?
We track 8 other properties on Somerset Ln. Browse the list under "Other properties on Somerset Ln" to compare beds, baths, and sale history.
What are the property facts for 8864 Somerset Ln?
8864 Somerset Ln is a 3 bed, 2 bath, 1,334 sqft, 7,200 sqft lot single_family.
Is 8864 Somerset Ln a flip candidate?
No — 8864 Somerset Ln does not appear in our flips dataset.
Is 8864 Somerset Ln a tax-appeal candidate?
No — 8864 Somerset Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.6%
2026 Q3
$229.1K
2026 Q4
$228.1K
ZIP 48198 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Ln